Description
Prime, multi-family rehab opportunity in highly desirable Lawrence Village. This is a location, location, location investment property. It's a distressed, but lucrative 3700+ sq ft, 2-story Victorian-style rental. 8 apartments"two, 2-bedroom apartments; two, 1-bedroom apartments; four studios. Total 10 bedroom, 8 bathrooms. Apartments are individually metered for gas and electric. 8 boilers, radiator heating. No A/C. Mostly double pane windows. Double lot approved for NC-1 zoning. Commercial on bottom floor, residential on second, but home has been fully residential. It's now vacant. There's potential to build a second home on the 0.54-acre lot.
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0BEDS
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0.54ACRES
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0BATHS
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01/2 BATHS
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3,700SQFT
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$202$/SQFT
School Ratings & Info
Description
Prime, multi-family rehab opportunity in highly desirable Lawrence Village. This is a location, location, location investment property. It's a distressed, but lucrative 3700+ sq ft, 2-story Victorian-style rental. 8 apartments"two, 2-bedroom apartments; two, 1-bedroom apartments; four studios. Total 10 bedroom, 8 bathrooms. Apartments are individually metered for gas and electric. 8 boilers, radiator heating. No A/C. Mostly double pane windows. Double lot approved for NC-1 zoning. Commercial on bottom floor, residential on second, but home has been fully residential. It's now vacant. There's potential to build a second home on the 0.54-acre lot.
© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Gloria Nilson & Co Real Estate. Data last updated 2023-12-02T08:22:06.68.
Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of James Huckfeldt of Exp Realty: 866-201-6210.